product · May 15, 2026
Fortinet Reports Q1 2026 Revenue of $1.85 Billion, Raises Full-Year Guidance
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Fortinet reported Q1 2026 revenue of $1.85 billion on May 6, 2026. Product revenue reached $645 million with 41% year-over-year growth and billings hit $2.09 billion. The company launched FortiOS 8.0 with AI-driven security, next-generation SASE, and quantum-safe capabilities plus FortiGate 3500G and FortiGate 400G models. Fortinet expanded AI partnerships including Anthropic under Project Glasswing and OpenAI. Ken Xie stated the results reflected broad-based demand across the portfolio and geographies with 31% billings growth.
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